DEFI
COMP | Compound Bearish Descending Triangle Indicating -30%COMP is forming what looks like a descending triangle. Volume is dropping and COMP's price has just crossed the MA50, which didn't offer much support.
Once Compound closes below $115, I think it's safe to assume that COMP is going to test its November 2020 low at ~ $80.6.
Let's see how this plays out.
Thanks for your support.
Have a good one.
Reef is about to explode!Double top! Reef has retested this situation in the past and it is now about to break an important trend line!
Watch for 0.0092 as a resistance!!!
more slide gives higher targets!crab harmonic pattern:
X=$0.00164
A=$0.0000144
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.0000626
0.88 BC=$0.0000734
1.6 BC=$0.000235
0.61 XA=$0.000279
2 BC=$0.000433
0.78 XA=$0.000598
2.24 BC=$0.000635
0.88 XA=$0.00096
2.6 BC=$0.00116
1.13 XA=$0.00305
3.6 BC=$0.00570
1.41 XA=$0.0115
4.23 BC=$0.0152
1.6 BC=$0.0307
$LINA/BTC 12h (#BinanceSpot) Descending trendline break & retestLinear Finance is pulling back to 50MA & 200MA support which just made a golden cross, looks ready to bounce back!
Current Price= 0.00000058
Buy Entry= 0.00000059 - 0.00000055
Take Profit= 0.00000068 | 0.00000076 | 0.00000087
Stop Loss= 0.00000048
Risk/Reward= 1:1.22 | 1:2.11 | 1:3.33
Expected Profit= +19.30% | +33.33% | +52.63%
Possible Loss= -15.79%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 5 weeks
Tags: #LINA #LINABTC #Linear #Yield #Farming #DAO #DEx #DeFi #BSC #DotEco
Website: linear.finance
Contracts:
#ERC20 0x3e9bc21c9b189c09df3ef1b824798658d5011937
#BEP20 0x762539b45a1dcce3d36d080f74d1aed37844b878
DFI gets technical supportYou can see multilevel support around the current price levels. Probably the price drop will be held at the level 2.36 - 2.51 USD. You could consider a speculative long entry, but this is only speculative. We don't know if the multilevel support holds or not. It depends probably mainly upon Bitcoin - if BTC makes dead cat bounce DFI will raise as well.
LONG COMP @ 128-129 Compound is a protocol on the Ethereum blockchain that establishes money markets. Money markets are pools of assets with algorithmically derived interest rates. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate. Compound is now available on DeFi Swap. Users can swap Compound, be Compound Liquidity Providers to earn fees and boost their yield when staking.
Why I think that Bitcoin is in the bear downtrend?Hey Tradingview crypto community!
Today I am sharing a couple of more ideas confirming that the price of Bitcoin is due for a further slip to the downside.
First of all, I would like to bring to your attention a bearish flag pattern formation on the daily timeframe of Bitcoin chart.
After some sideway moves within the band of this bearish flag, we are finally seeing that the price of Bitcoin has finally broken its
lower boundary.
I am not saying with 100% certainty that we will see Bitcoin moving towards the lower price levels immediately due
to huge manipulations by whales in the market. Thus, it could well be a 'fake out' and we could see Bitcoin pushing up to $51K level before
continuing its bear trend trajectory.
However, and if the bearish flag pattern will play out sooner or later, we could see Bitcoin price declining by the length of 'flagpole' and
reaches the $13.5K price level. Of course, this is a textbook theory move indicating where Bitcoin price should be heading towards. This price level
almost coincides with the 2018 Bitcoin 81%-83% correction standard where's we could see the Bitcoin bottom at $11.5K. Only if its past history repeats itself once again.
All I am 100% certain 100% that whilst three weekly Bitcoin candles have closed below the 21 Day EMA, Bears are definitely in charge of this battle.
CRV Recognizable Elliott Wave PatternRight now crv is displaying a 3 wave move to the upside, which may not be done just yet. It just missed the Most Likely Target for a wave 3, but is displaying some wave 3 personalities, vol, base channel break, slope. So keeping an eye on the retrace for more clues on what exactly is being printed here. Depending on where, and how, the PA retraces will determine the next possible move. In the end it is a recognizable pattern which could be utilized as an anchor for a possible trade plan.
$ERSDL - ascending triangle - MA Cross - 1hr TF #Kucointbh, I believed this project/coin to be ded...
TG official group has been reactivated with larger CEO presence. FA hasn't changed. DYOR
Volume started coming in yesterday. 33.54% 24hr change in price at the time of this posting.
Ascending triangle
MA 20 - 200 cross: 2022-04-22 23:00
Spot Call limit order filled: 0.01646
stop: 0.01331
tp_01: 0.01941
tp_02: 0.02327
tp_03: 0.02909
BAO: $0.000 16 | The Pioneer to have Opened the Defi Spacewhen Uniswap gave away money thru Airdrops... around $4k a piece or address
months LATER BAO was launched to validate the debut of DEcentralize Finance sector
we all know the rest came copied and poached the pioneer in this sector
at current levels.. it shall re introduce itself and reward strong hands who got volume
finding value begins at the bottom before the trend is established
www.bao.finance
we go against the crowd
$ETH/USDT 4h (#BinanceFutures) Descending channel on supportEthereum looks good for a bounce back on demand zone / 200MA for a move towards 50MA.
Current Price= 3074.42
Buy Entry = 3074.01 - 3000.33
Take Profit= 3215.95 | 3350.59 | 3455.31
Stop Loss= 2887.57
Risk/Reward= 1:1.2 | 1:2.1 | 1:2.8
Expected Profit= +17.67% | +30.96% | +41.31%
Possible Loss= -14.79%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
Tags: #ETH #ETHUSDT #Altcoin #PoW #Mining #Eth2 #PoS #Staking #SC #DApp #Governance #DeFi #BSC #BC #SolEco
Website: ethereum.org
Contracts:
#Mainnet
#BEP20 0x2170ed0880ac9a755fd29b2688956bd959f933f8
#BEP2 ETH-1C9
#SPL 2FPyTwcZLUg1MDrwsyoP4D6s1tM7hAkHYRjkNb5w6Pxk
Origin Protocol making a base for the 2nd wavecrab harmonic pattern:
X=$17
A=$0.085
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.438
0.88 BC=$0.524
1.6 BC=$1.95
2 BC=$3.87
0.78 XA=$5.48
2.24 BC=$5.96
0.88 XA=$9.32
2.6 BC=$11.74
1.13 XA=$34
3.6 BC=$70
1.41 XA=$150
4.23 BC=$214
1.6 XA=$453X=$17
A=$0.085
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.438
0.88 BC=$0.524
1.6 BC=$1.95
2 BC=$3.87
0.78 XA=$5.48
2.24 BC=$5.96
0.88 XA=$9.32
2.6 BC=$11.74
1.13 XA=$34
3.6 BC=$70
1.41 XA=$150
4.23 BC=$214
1.6 XA=$453
#HEX Bear market nearing completion!Gann Fann from the September top
has controlled the hex price, showing the various resistance and support lines which the price has respected.
#Hex can break free of the final Fan within the next two months!
We never got into the single digit territory, a front run from buyers stepping in.
Lining up perfectly for the much anticipated #PulseChain launch. Where it should be one the most liquid pairs with bridged liquidity back to #ethereum.
20-30 cent zone seems like a great price upon main-net release.
With price parity and staking rewards many people will see new ATH's on their portfolio values! Even after sacrificing for PLSX & PLS
Congratulations Hexicans!! Still only in it's third we have moved beyoind proof of concept, removed a good portion of speculators and with increased eyeballs from a new #Blockchain
Coin supply removed
A Hex price north of a $1 potentiality looks upon us within the coming 12 months :)